Goldman Sachs Initiates Coverage On MYR Group with Buy Rating, Announces Price Target of $164
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ati Modak has initiated coverage on MYR Group (NASDAQ:MYRG) with a Buy rating and set a price target of $164.
December 15, 2023 | 11:45 am
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Goldman Sachs has initiated coverage on MYR Group with a Buy rating and a price target of $164, which could positively influence the stock's performance.
Analyst coverage, especially from a prominent firm like Goldman Sachs, can significantly impact a stock's performance. A Buy rating coupled with a high price target suggests a bullish outlook, which can lead to increased investor interest and potentially drive up the stock price in the short term.
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